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Corporation
BUSINESS PRODUCTS & SERVICES | Packaging
westrock.com

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Founded Year

2015

Stage

IPO | IPO

Market Cap

11.62B

Stock Price

43.39

About WestRock

WestRock provides paper and packaging solutions to the consumer and corrugated markets.

WestRock Headquarter Location

1000 Abernathy Road NE

Atlanta, Georgia, 30328,

United States

770-448-2193

Latest WestRock News

International Paper, WestRock and Graphic Packaging are expected to benefit from higher pricing

Jan 24, 2022

NicoElNino/iStock via Getty Images International Paper Company ( IP +0.5%) announces a new $70 per ton containerboard price increase on linerboard, corrugating medium and kraft paper. The pricing action goes into effect with March shipments. Analyst Gabe Hajde says the momentum for additional containerboard price is congruent with reports of better-than-expected demand to start 2022, ongoing inflationary pressures and price initiatives across several other paper grades. He expects other market participants to be supportive in the coming days. "While it's not a complete surprise that a price hike is being introduced, we note that the proposed increase is higher than we would have expected. If implemented/achieved, the increase would represent a cumulative $230/ton of higher containerboard pricing since November 2020," updates Hajde. The development is also seen as a positive for WestRock Company ( WRK +0.9%). Both stocks are rated at Overweight by Wells Fargo. Separately, Baird says higher paperboard pricing is a positive for Overweight-rated Graphic Packaging Holding Company ( GPK +0.8%). Analyst Ghansham Panjabi says the company is well-positioned to outperform in 2022 despite recent market concern over incremental paperboard capacity investments. "Going forward, a remarkably improved price-cost relationship is set to provide a healthy backdrop for margin expansion—which should catalyze the shares," he notes.

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Expert Collections containing WestRock

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

WestRock is included in 3 Expert Collections, including Fortune 500 Investor list.

F

Fortune 500 Investor list

590 items

This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.

P

Packaging & Labeling Tech

38 items

Companies providing traditional and tech-enabled packaging and labeling solutions for brands.

C

Conference Exhibitors

5,302 items

WestRock Patents

WestRock has filed 444 patents.

The 3 most popular patent topics include:

  • Paper products
  • Standard motorcycles
  • Paper
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/30/2020

1/25/2022

Paper products, Paper, Standard motorcycles, Radio masts and towers, Computer enclosure

Grant

Application Date

7/30/2020

Grant Date

1/25/2022

Title

Related Topics

Paper products, Paper, Standard motorcycles, Radio masts and towers, Computer enclosure

Status

Grant

WestRock Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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